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Lululemon’s shares sink on forecast. One analyst says it’s ‘rolling over’ while competition increases.
Lululemon Athletica shares slid after hours on Thursday, after the athleisure-wear maker cut its full-year profit outlook and offered a second-quarter forecast that came up short of Wall Street’s expectations.
Lululemon Athletica shares slid after hours on Thursday, after the athleisure-wear maker cut its full-year profit outlook and offered a second-quarter forecast that came up short of Wall Street’s expectations.
